A large tax refund can feel like a win. But if you're living paycheck-to-paycheck, that refund might actually be hurting you.

President Trump signed an executive order last month enacting a hiring freeze for federal employees. The memorandum is set to ...

Big tax refund? Congrats, you just gave the IRS a free loan that could have been more money in your paycheck. Jasmine Johnson is an Accredited Financial Counselor and Accountant. She has over a ...

Getting a sizable tax refund every year can feel like receiving a bonus. But it's usually a sign that you're overpaying the IRS. If you receive a tax refund of over $1,000, you might have paid too ...

She recommends Americans use an estimated tax tool, such as the IRS tax withholding estimator, to help them calculate how much they should pay throughout the year. Johnson's advice echoes that ...

The Internal Revenue Service is making some changes this tax season in an effort to combat tax scams in areas like the Fuel Tax Credit. The IRS is teaming up with partners in the Coalition of Scam and ...

Additionally, taxpayers should verify their withholding using the IRS Tax Withholding Estimator to avoid underpayment penalties. Filing electronically is encouraged for faster processing and ...

Usually this is done by withholding tax from paychecks or by making quarterly estimated tax payments to the IRS (or by a combination of both)." The government agency said that taxpayers who pay ...

You can start this week. Federal withholding tax is a portion of your income paid to the IRS by your employer. When you get paid, your employer holds back funds on your paycheck to pay your ...

The Tax Withholding Estimator on IRS.gov can help wage earners determine if they need to make an additional payment to avoid an unexpected tax bill when filing their return. Jan. 15 is the last ...

The IRS has introduced significant changes affecting millions of taxpayers using payment apps like Venmo, Cash App, and ...